How White Labeling ParqEx’s Parking Technology Benefits the Transit Sector
In an already busy world, efficient technological solutions are desperately needed. Innovative parking solutions have done their part to streamline and increase the convenience and efficiency of many industries like the commercial, municipal, hospitality, multifamily, education, retail, and even the transit sector. The transit industry involves the mass movement of people via public transportation systems like buses, subways, trams, and trains. Like any other industry, the transit sector faces unique parking and parking management challenges. So, smart parking technology companies like ParqEx greatly aid public transit in providing efficient parking solutions that ensure a seamless experience for commuters, employees, and transit operators. This article will touch on how ParqEx’s technology contributes to the positive transformation of the transit industry and will deeply delve into how white-labeling ParqEx’s parking technology benefits the transit sector.
The transit industry is a part of the transportation and warehousing sector and includes a variety of passenger transportation activities. The transit and ground passenger transportation subsector consists of these industry groups:
- Urban Transit Systems: NAICS 4851
- Interurban and Rural Bus Transportation: NAICS 4852
- Taxi and Limousine Service: NAICS 4853
- School and Employee Bus Transportation: NAICS 4854
- Charter Bus Industry: NAICS 4855
- Other Transit and Ground Passenger Transportation: NAICS 4859
Transit Parking Challenges
Here’s a look at the parking challenges the transit sector faces, how ParqEx’s technology addresses these issues, and how it can contribute to future-proofing the industry.
- Transit Parking Demand vs. Supply Challenges: Often, transit hubs are located in high-density populated cities with minimal parking. This irritates commuters and discourages them from using the transit systems.
- Transit Employee Parking Needs: Transit hubs always need help managing and enforcing employee parking, especially when employees share parking facilities with commuters.
- Transit Parking Facility Enforcement Challenges: Making sure all parking rules and regulations are complied with is a difficult task that leads to revenue loss and less parking availability.
- Transit Vehicle Fleet Tracking: Transit agencies often have difficulty monitoring parking in real-time. This poses a security threat and undermines the authorities’ ability to identify repeat offenders and maximize parking usage.
- Transit Parking Security: Transit parking lots are known to be especially vulnerable to break-ins, theft, vandalism, and unauthorized vehicles. This, of course, discourages commuters and creates real security threats that need to be addressed and managed.
- Dynamic Parking Needs: Parking demand fluctuates constantly. This can be due to different ridership patterns, transit schedules, events, and the growing population. Basic static parking management will not meet changing parking demand and often leads to heightened inefficiencies at transit hubs.
Enhancing Transit Parking Efficiency with ParqEx’s Technology
Luckily for the transit industry, ParqEx has a full suite of robust and innovative parking technologies tailored to address all transit parking needs. Let’s dive into some of these pieces of technology.
- Parking Marketplace: ParqEx’s parking marketplace automatically facilitates the dynamic allocation of underutilized parking spaces near all transit hubs, supporting commuters’ and transit employees’ long-term added parking needs.
- Access + Technology: ParqEx’s Access + App enables touchless entry and exit into parking facilities, allowing seamless access into gated parking facilities. Access control technology can be configured purely for employee-only parking zones or commuter parking as well.
- Access + LPR (License Plate Recognition): Similar to Access +, this streamlines entry and exit as approved vehicles’ license plates are their ticket to entering the parking premises. Additionally, LPR enables real-time monitoring of the parking lot occupancy and allows transit authorities to identify unauthorized vehicles, repeat offenders, and any usage pattern that could improve enforcement measures.
- Enforcer App: ParqEx’s Enforcer app provides a clear and comprehensive enforcement platform in which enforcement officers can streamline parking violation tracking and parking ticket issuance. The Enforcer app integrates with LPR cameras, allowing for automated notifications making enforcement easy and transparent.
- Internal Employee Management System: ParqEx’s internal tenant/employee management system is designed to facilitate all parking operations regarding employee parking needs. With the management system, transit authorities can take advantage of zone management features, assign parking, handle access management, tackle tags and permit parking systems when needed, and much more.
- Advanced Security Solutions: Real-time alerts drastically enhance parking lot safety and limit unauthorized access. With integration capabilities, this is extremely valuable to add to security systems.
- Data & Analytics: Insights are critical, and our data analytics & reporting dashboard offer insights into parking demand, turnover rates, revenue, and enforcement trends. These insights help transit operators optimize pricing strategies and parking policies.
- White-Label Solutions: ParqEx’s white-label solutions allow transit operators to customize their parking platforms and reinvigorate their branding while leveraging all of ParqEx’s technology. This creates a seamless, impressive experience for commuters. Our white-label solutions can easily be integrated with existing transit apps and systems.
How White Labeling ParqEx’s Parking Technology Benefits the Transit Sector
Now, let’s see how white-labeling ParqEx’s parking technology benefits the transit sector! A popular business strategy today is white labeling. For those with limited knowledge of what white-labeling exactly is, to keep it simple, white-labeling involves the rebranding and perhaps reselling of a product or service under a different company’s brand. With a market-proven tech stack comprising ten technology products ranging from a Parking Marketplace to PARCS (Parking Access Revenue Control System), ParqEx’s technology is not just a business practice but a strategic move that will significantly benefit the transit sector. By white-labeling ParqEx’s already established smart parking technologies, transit systems can enjoy advantages, from seamless integration to revenue-generating opportunities.
- Addressing Parking Demand vs. Supply – Improved User Experience: User experience is always essential no matter what, but especially in industries that rely heavily on daily commuters, like the transit industry. By white-labeling ParqEx’s technology, specifically ParqEx’s Marketplace technology in this instance, the transit sector can enjoy an avenue to enhance its user experience. Quick Parking Reservations: Instead of transit users needing to find a parking spot once they arrive at the train, bus, or tram station, etc., transit users can pre-book their needed parking spots in advance on the transit system’s white-labeled parking platform (ParqEx), ensuring they have a reserved parking space upon arrival. This eases the stress of finding parking at the moment (especially during peak hours) and saves commuters time, gas, and money, making their transit experience more efficient and productive. Moreover, for transit hubs that do not have enough parking, our Marketplace technology finds underutilized parking spaces near transit hubs that are readily accessible. Easy Touchless Access: With technology like license plate recognition (LPR) and smartphone-based IoT access control apps, authorized vehicles, and users can access and leave the facilities without printed tickets, passes, or fobs/cards (an excellent way for the transit sector to cut costs). This speeds up the process and enhances the transit facility’s and its commuters’ security and convenience.
- Addressing Employee Parking: White labeling ParqEx’s technology can greatly benefit transit employees in several ways. Transit hubs can quickly adopt ParqEx’s market-proven employee parking management platform, which can be tailored to fit the transit’s branding, providing a familiar and seamless experience for their employees. White labeling ParqEx’s technologies can help transit agencies allocate any necessary additional parking for employees and manage employee parking. Employees can benefit from LPR and access control, ensuring only employees and authorized commuters are parking on the premises. This improves security and provides peace of mind to employees when they leave their cars in the lot for the day instead of worrying about possible break-ins, vandalism, etc.
- Addressing Dynamic Parking Needs: Operational Efficiency & Better Pricing: Operational efficiency is crucial in most sectors, but smooth, hiccup-free operations are highly sought after in public transportation and seemingly hard to come by! Let ParqEx’s white-labeled smart parking management system do the trick for you. With AI pricing strategies, ParqEx’s AI-enhanced platform uses dynamic and predictive pricing based on real-time parking demand. This optimizes revenue and ensures efficient use of all parking spaces at the transit’s parking facility during all hours of the day. This is especially useful for transit sectors where parking demand varies daily. These two AI-leveraged pricing models are part of the white-label package provided by ParqEx.
- Addressing Vehicle Tracking – Access Control: ParqEx’s Access+ and Access + Premium LPR (License Plate Recognition) technology provides the transit vertical with convenient and secure access to parking facilities where transit authorities can track all vehicles on their property. By utilizing ParqEx’s different lines of access control technologies, only approved cars can access the facility through the Access + App or pre-approved license plates and find their reserved parking space within the transit systems parking facility. The access control systems make the parking process smooth and quick for all users which helps reduce their overall time spent on commuting! For transit officials, management, and enforcement, using ParqEx’s access control systems coupled with the Enforcer App heightens convenience, safety, and parking revenue opportunities, making the entire process more convenient and less stressful for all involved.
- Addressing Security & Enforcement – Improved Security: ParqEx’s access control systems, including Access + Premium LPR, Access +, and Access + Touchless, undoubtedly enhance the security of all transit industry facilities. Add the enforcement solution, the Enforcer App, to the mix, and security no longer has to be something transit officials and officers have to lose sleep over. Both the access control technologies and the enforcement solution ensure that only authorized users and their vehicles can access the transit sector’s parking areas, minimizing the risk of unauthorized individuals.
Additional Benefits of White-Labeling ParqEx’s Technology for the Transit Sector
- Easy Integration with Existing Systems: With API (Application Programming Interface) or punch-out integration capabilities, one of the beauties of ParqEx’s white-label solutions is that they easily integrate into existing transit platforms and apps. This means transit authorities can offer advanced parking management features and parking reservation platforms for transit officials and commuters without coughing out large sums of money to develop new software in-house. The seamless integration allows for a unified user experience, where commuters can manage their parking needs directly through the transit’s branded app while looking at bus, train, metro, subway, or tram schedules, purchasing tickets, and staying updated on transit communications.
- Revenue Generation: By white-labeling ParqEx’s smart parking technologies, transit systems can generate additional revenue and income through parking fees and citations. The ability to monetize parking spots effectively can provide a substantial financial boost to transit sectors, improving economic stability and offsetting other costly operational expenses. Moreover, another way to generate revenue via white-labeling with ParqEx is to resell ParqEx’s tech stack. Legally, after white-labeling, your business has ownership and can do with it what you will. There are several revenue-generating opportunities when discussing white-labeling with ParqEx!
- Customization & Branding: One of the most appealing features of white-labeling is the buyer’s ability to customize and brand it to fit their business wants and needs. When a transit hub chooses to white-label with ParqEx, this sector can fully customize the ParqEx platform and tech stack to match its branding, providing a consistent look and feel. This helps maintain brand identity and guarantees that users have a seamless experience when transitioning between different services offered by the transit system or when taking advantage of the unified one-platform system provided by the transit sector. Impress your commuters and employees with your newly branded white-labeled tech stack today!
- Data Insights and Analytics: ParqEx takes insights and analytics seriously; we know the transit sector is especially keen on this. Our platform provides and takes pride in valuable data insights and analytics on parking usage patterns, peak times, and user behavior, which we provide our clients. Transit officials and authorities can use the ParqEx data to make data-informed parking management and enforcement decisions, optimize the entire transit system’s operations, and improve overall service delivery.
That’s a Wrap!
ParqEx aims to address and fix every vertical’s hot spots and pain points! ParqEx’s white-labeled parking solutions offer an all-around and flexible approach to addressing the transit sector’s unique access, enforcement, and parking needs and challenges. ParqEx’s market-proven white-labeled technology solutions can significantly benefit transit authorities and commuters and can be yours today. Learn more about how white-labeling ParqEx’s parking technology benefits the transit sector, and book a demo with us today!
How White-Labeling ParqEx’s Parking Technology Benefits the Transit Sector FAQ
Public transport (also known as public transportation, public transit, mass transit, or simply transit) is a system of transport for passengers by group travel systems available for use by the general public unlike private transport, typically managed on a schedule, operated on established routes, and that may charge a posted fee for each trip.[1][2] There is no rigid definition of which kinds of transport are included, and air travel is often not thought of when discussing public transport—dictionaries use wording like “buses, trains, etc.”[3] Examples of public transport include city buses, trolleybuses, trams (or light rail) and passenger trains, rapid transit (metro/subway/underground, etc.) and ferries. Public transport between cities is dominated by airlines, coaches, and intercity rail. High-speed rail networks are being developed in many parts of the world.
There are several reasons, but the top few are that adding parking reservation and management options can make transit systems’ existing apps and platforms more robust, heighten transit hub security, provide revenue-generating opportunities, and boost their branding.
The simplest, most straightforward answer is that commuters can make the most of transit companies’ newly white-labeled parking management systems by reserving their needed parking ahead of time. This ensures commuters will have a safe, secure, and enforced parking spot upon arrival. ParqEx’s access control systems and enforcement platform ensure that commuters’ vehicles are safely left behind for the day.
Through white-labeling ParqEx’s parking management technologies, the transit companies will automatically inherit a tech stack of ten market-proven ParqEx products. Developing software is timely and costly! Save your time and money and white label technologies that have already had years of success in the market.
As our tech stack will become the transit systems after successfully white-labeling with ParqEx, security is heightened through our access control systems, data and insights dashboards, and Enforcer App. Security is paramount, so add another layer of security to your transit hub today!
Companies strive to wow existing and new clients. In the transit industry, impressing commuters is just as important! Adding parking management features to existing transit platforms and apps with the transit company’s brand and logo everywhere will give users something to discuss.
